Sumner Redstone, the 85-year-old titan of the media industry, got caught in a credit squeeze during the global financial crisis, and it's going to cost him more than a fifth of his firm's stake in ...

Earlier today the board of Viacom voted to promote CEO Philippe Dauman to executive chairman of the media company that includes MTV, Comedy Central and Paramount. This move was in direct contradiction ...

NEW YORK -- Sumner Redstone, who built a media empire from his family's drive-in movie chain, has died. He was 97. ViacomCBS Inc., which he lead for decades, remembered Redstone for his "unparalleled ...

The question of 92-year-old Sumner Redstone's ability to run his company was called into question recently when his ex and longtime friend Manuela Herzer filed papers in court declaring him mentally ...

LOS ANGELES (Reuters) - Media mogul Sumner Redstone can be deposed at his home in a short videotaped session ahead of a trial to resolve his ex-girlfriend's lawsuit over his mental competence, a ...

As with CBS (CBS +0.9%) yesterday, Sumner Redstone will leave his post as executive chairman at Viacom (VIA, VIAB) and become chairman emeritus. Viacom announced the move after a morning board meeting ...

For the Redstone clan, the end with Paramount Pictures came much as it began 31 years ago – victory achieved after a long, bitter and highly public fight over a Hollywood institution. This time around ...

At stake (besides the Viacom/CBS empire): The power of physicians and courts. By Eriq Gardner Former Legal Editor-at-Large The 91-year-old Viacom and CBS chairman has a rather optimistic outlook of ...